UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to section 13 or 15(d) of the Securities Exchange Act of
1934
December 22, 1998
(Date of Report)
Commission file number 1-8957
ALASKA AIR GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 91-1292054
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
19300 Pacific Highway South, Seattle, Washington 98188
(Address of principal executive offices)
(206) 431-7040
(Registrant's telephone number)
ITEM 2. ACQUISITION OF ASSETS
On December 22, 1998, Alaska Air Group, Inc.'s wholly owned
subsidiary, Horizon Air, announced orders for 25 Canadair
Regional Jets Series 700 aircraft to be delivered beginning in
2002. The value of the orders is approximately $580 million.
The CRJ 700 aircraft will replace Horizon Air's Fokker F-28
regional jets. Horizon Air expects to finance the aircraft with
either leases, long-term debt or internally generated cash.
Signature
Pursuant to the requirements of the Securities Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
ALASKA AIR GROUP, INC.
Registrant
Date: December 22, 1998
/s/ Harry G. Lehr
Harry G. Lehr
Senior Vice President/Finance
(Principal Financial Officer)
